vancouverwest CONDO-MARCH 202
SALESTO LISTINGSRATIO 58% SELLERS'MARKET
▶ MARKETSUMMARY Therewere475condolistingsinVancouverWestin March,7%aboveFebruaryand22%lowerthanMarch 2021. Marchcondosalesincreasedby29%month-over-month, to276,andwere0.7%aboveMarch2021.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 11% VS2021
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 8% VS2021
▲ 6% VS2021
▼ 22% VS2021
▲ 0.7% VS2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 45% 274 609
%Change
No. 48% 214 446
%Change
Thesales-to-listingratioforcondosinVancouverWest, at58%,reflectedaselers'market.
TOTALLISTINGS TOTALSALES
58% 276 475
11% 8% 6% 29% 0.7% -22%
21% 29% 7%
ThecondomedianpriceinMarchwas$879,000,a5% decreasefromFebruaryand6%aboveMarch2021. Theaveragesoldpricewas$993,134,7%belowlast month;theaveragePSFsalepricewas$1,146,down 1.8%tolastmonth.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$1,146 $993,134 $879,000
$1,167 $1,064,078 $922,500
-1.8% -7% -5%
$1,029 $922,424 $830,000
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● MAR 2021 ● MAR 202
● SALES ● TOTALINVENTORY ● MEDIANPRICE
653
693 697
602
688
609
646
552
597
475
427
446
398
251
236
276
274
208
209
195
260
214
204
179
167
145
$923K
$899K
$890K
$879K
$865K
$860K
$839K
$842K
$830K
$815K
$817K
$806K
$787K
VANCOUVERWEST REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
100
1
100%+ 100%+
4+bdrms
80
5
68%
60
22
59%
3bdrms
74
40
38%
29%
128
2bdrms
20
14%
250
0
125
<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+
<2bdrms
S-LRATIO SALES INVENTORY
1 0 n/a
25 34 136%
77 80 104%
93 63 68%
68 40 59%
76 29 38%
72 21 29%
63 9 14%
146
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